NOT LISTED FOR SALE

5 Seven Oaks Dr Summit, NJ 07901

Estimated Value: $896,000 - $1,351,000

4 Beds
3 Baths
-- Sq Ft
0.33 Acres

Last Sold September 26, 2023

Last sale price $815,000

Est. 37% increase in value since last sale

Current estimated payment $7,247/month

10 Days on Market

About This Home

As of September 2023

This home is located at 5 Seven Oaks Dr, Summit, NJ 07901 since 19 July 2023 and is currently estimated at $1,114,248. This property was built in 1958. 5 Seven Oaks Dr is a home located in Union County with nearby schools including New Providence High School, Oak Knoll School of the Holy Child, and The Academy of Our Lady of Peace.

Last Agent to Sell the Property

Joseph Eberle

WEICHERT REALTORS Brokerage Phone: 973-635-5000 Listed on: 07/19/2023

WEICHERT REALTORS

Last Buyer's Agent

MICHAEL SCHACHTER

RE/MAX PREMIER

RE/MAX PREMIER

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $16,353

Year Built

  • Built in 1958

Lot Details

  • 0.33 Acre Lot

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Bathrooms

Home Details

Home Type

Single Family

Est. Annual Taxes

$16,353

Year Built

Built in 1958

Lot Details

0

Listing Details

  • Year Built: 1958
  • County Name: Union
  • I D: 5233599
  • Attribution Contact: 973-635-5000
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Bedrooms: 4
  • Bathrooms: 3.00

Lot Info

  • Lot Size: .329 AC
  • Total Acres: 0.33

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 19, 2023
Closed on
Sep 19, 2023
Sold by
Haupt Ayse Dilek
Bought by
Shah Samir B and Basnet Sweta
Seller's Agent
Joseph Eberle
WEICHERT REALTORS
Buyer's Agent
MICHAEL SCHACHTER
RE/MAX PREMIER
List Price
$799,999
Sold Price
$815,000
Premium/Discount to List
$15,001
1.88%
Views
402
Current Estimated Value
$1,114,248

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$299,248
Avg. Annual Appreciation
15.58%
Original Mortgage
$652,000
Outstanding Balance
$638,505
Interest Rate
7.09%
Mortgage Type
New Conventional
Estimated Equity
$475,743

Purchase Details

Closed on
Jun 30, 1990
Bought by
Haupt Ayse Dilek
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Shah Samir B $815,000 Westcor Land Title
Shah Samir B $815,000 Westcor Land Title
Haupt Ayse Dilek $125,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Shah Samir B $652,000
Closed Shah Samir B $652,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/26/2023 09/26/23 Sold $815,000 +1.9% --
07/29/2023 07/29/23 Pending -- -- --
07/19/2023 07/19/23 For Sale $799,999 -- --
Source: Garden State MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $16,353 $316,800 $152,900 $163,900
2024 $15,862 $316,800 $152,900 $163,900
2023 $15,862 $316,800 $152,900 $163,900
2022 $15,644 $316,800 $152,900 $163,900
2021 $15,530 $316,800 $152,900 $163,900
2020 $15,523 $316,800 $152,900 $163,900
2019 $15,428 $316,800 $152,900 $163,900
2018 $15,349 $316,800 $152,900 $163,900
2017 $15,099 $316,800 $152,900 $163,900
2016 $14,886 $316,800 $152,900 $163,900
2015 $14,681 $316,800 $152,900 $163,900
2014 $14,459 $316,800 $152,900 $163,900
Source: Public Records

Agents Affiliated with this Home

  • Joseph Eberle

    Seller's Agent in 2023

    Joseph Eberle

    WEICHERT REALTORS

    (908) 868-4800

    106 in this area

    184 Total Sales

    Joseph Eberle
    Section Image
  • MICHAEL SCHACHTER

    Buyer's Agent in 2023

    MICHAEL SCHACHTER

    RE/MAX

    (908) 216-8084

    1 in this area

    15 Total Sales

    MICHAEL SCHACHTER
    Section Image
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Map

Source: Garden State MLS

MLS Number: 3855296

Garden State MLS

APN: 11-00262-0000-00020

New Jersey Union County Summit 07901

5 Seven Oaks Dr, Summit, NJ

Not Listed for Sale

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